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Ramnarine: Oil production will improve

T&T’s declining oil production will reverse from as early as the first quarter of this year, Energy and Energy Affairs Minister Kevin Ramnarine said in an e-mailed statement. “Based on a preliminary assessment of information, indications are that oil/condensate...

T&T’s oil production flat in 2014

After breaking a two-year high of 86,020 barrels of oil per day (bopd) in October, T&T has ended 2014 with oil production at 81,100 bopd. “Oil production will end the year at 81,100 (bopd); last year (it) was 81,144 (bopd),” Energy and Energy Affairs Minister...